Fagen Roland J 4
4 · GOLDEN GRAIN ENERGY · Filed Jun 16, 2009
Insider Transaction Report
Form 4
Fagen Roland J
Director
Transactions
- Purchase
Class A Membership Units
2009-06-12$1.00/sh+500,000$500,000→ 1,500,000 total(indirect: By Fagen, Inc.)
Holdings
- 1,000,000
Class A Membership Units
Footnotes (2)
- [F1]Golden Grain Energy, LLC has the right, but no obligation, to repurchase a ratable share of Fagen, Inc.'s 500,000 Class A Membership Units purchased on June 12, 2009 beginning one year from June 12, 2009 at a price of $1.00 per unit, plus 18% per year simple interest from June 12, 2009. The ratable share is based on the number of units sold in Golden Grain Energy, LLC's recent private offering to the proportion of units purchased by Fagen, Inc. in such private offering.
- [F2]Following the reported transaction, Mr. Fagen owns 1,500,000 Class A Membership Units indirectly through Fagen, Inc.